The rise of the Axie app chain in the new Web3 Game Center

This article will focus on Ronin Chain, which is the blockchain that currently dominates the crypto gaming space. We’ll dive into the evolution of the Ronin chain, specifically how it has not only reinvigorated itself but also breathed new life into the entire crypto gaming industry through the success of games like Axie Infinity. In addition, we will also focus on Ronin Chain’s technological innovation, user growth, and its future prospects as a crypto gaming hub.

The Current Situation of Ronin

What is Ronin?

Ronin is an Ethereum Virtual Machine-compatible L1 launched by the Sky Mavis team in 2021 as its growing Axie On-chain hub for the Infinity gaming suite.

Today, Ronin is undoubtedly the most prosperous game chain in the crypto economy, with hundreds of thousands of daily active users and high transaction volume.

After the Lazarus Group attacked Ronin Bridge in March 2022, some people believed that Ronin had existed in name only. However, Ronin has made impressive progress since then, mainly due to improvements to the Axie Infinity gaming experience and the chain’s gradual emergence as the go-to platform for non-Axie games. These developments have allowed Ronin to regain attention and trust in the blockchain world.

Axie’s Progress

In April 2022, Sky Mavis released Axie Infinity: Origins, a major change for Axie, launching a new Mechanics like free starting Axies, equippable charms, and more.

Since then, Sky Mavis has introduced Axie Core, the Axie Progression System (AXP), and the Axie Part Upgrade mechanic, as well as many other smaller updates.

There have also been a number of new alternative Axie games entering the ecosystem recently, including Defenders of Lunacian Land, Homeland, Project T, and Raylights.

Taken together, these various advancements deepen and expand the possibilities surrounding Axie gaming, providing players in the ecosystem with a more engaging experience than ever before.

Ronin is becoming the new gaming hub

Another major factor in Ronin’s resurgence is that the chain is becoming the go-to for non-Axie games.

This proves to be a reciprocal flywheel effect: these non-Axie games benefit from Ronin's infrastructure and large, highly active player base (i.e., the "Ronin effect"), and Ronin gains more activities and users, becoming a more attractive hub for crypto gaming.

The most convincing example so far is of course Pixels. Pixels is a social farming simulation game that migrated from Polygon to Ronin in October 2023, with its daily active users surging to over 100,000 at times as interest in the planned $PIXEL airdrop grew.

Yet other games are making strides towards Ronin, including recent additions like Apeiron and Zoids Wild Arena. As non-Axie games continue to grow, the diversity of gameplay also makes Ronin more attractive to a wider range of gamers.

From a data perspective

The above-mentioned developments have promoted Ronin’s resurgence in 2023, so that the number of daily active users of the chain now exceeds that of Arbitrum, Optimism and Base combined. Ronin has grown rapidly over the past year:

• TVL increased by 262% (from $40 million to $145 million)

• $RON increased by 469% (from $0.32 to $1.82)

• Daily trading volume increased by 1370% (from 68,000 to 1 million)

• Monthly active users increased by 1450% (from 145,000 to 2.25 million)

Ronin’s future

Axie Infinity The continued evolution of the ecosystem and the appeal of non-Axie games have Ronin poised to thrive in gaming for the foreseeable future.

Now, the main question facing the chain is how it will develop in terms of infrastructure to cope with future demand growth.

To this end, Ronin Research Director Phuc Thai pointed out in the article "Solving the Blockchain Trilemma on Ronin" that the chain's engineers are currently exploring single and modular expansion technologies, namely parallelism. zkEVM types for transactions and zk-rollups.

That is to say, the Sky Mavis team has considered the issue of expansion and has begun taking steps to implement future Ronin.

Ronin’s Getting Started Resources

If you are interested in learning more about the contemporary Ronin ecosystem, the following resources can help you:

• Ronin Wallet: The main wallet to manage Ronin assets

• Ronin Bridge: Ronin’s native bridge

• Ronin Block Explorer: A service for analyzing Ronin data

• Ronin Ecosystem: Database of games and applications on Ronin

• Ronin Name Service: Domain name service on Ronin

• Ronin Docs: Official documentation for Ronin

• Ronin Staking: Dashboard for delegating and staking RON

• Katana DEX: The most popular Dex on Ronin

• Mavis Market: The first universal NFT market on Ronin

• Mavis Store: In-game Shop for Ronin Assets

Summary

Ronin has a growing variety of games, and in my opinion, Axie Infinity: Origins is a phenomenal game. It owns the users, it owns the data. It has doubled down on decentralization and security, bringing in more validators last year after moving to Delegated Proof of Stake (DPoS). At the same time, Sky Mavis’s current expansion research also proves its prospects.

So Ronin’s resurgence is not only a heartwarming story, but also sets a precedent for L1 and L2’s potential to specialize and dominate in the crypto game.

However, it’s worth noting that Ronin seems poised to develop into a more comprehensive ecosystem over time, rather than just a thriving gaming ecosystem. In fact, we are already seeing signs of this with the recent launch of CyberKongz Genkai Mints (PFPs), Ronin Name Service (Decentralized ID), and the arrival of Impossible Finance (GameFi).

Overall, keep an eye on Ronin in 2024. The chain is currently riding the wave and the momentum is very strong!

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